Geely agrees to take over part of Ford’s Spanish factory, report says — Explained
Geely will build vehicles on an idle assembly line at Ford’s Almussafes plant near Valencia, which is currently running at less than a quarter of its capacity.
Geely will build vehicles on an idle assembly line at Ford’s Almussafes plant near Valencia, which is currently running at less than a quarter of its capacity.
The joint venture is expected to begin operations in the first half of 2027, with the first new vehicle set to roll off the line in 2028.